2018 (2) TMI 2158

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....CHIEF JUSTICE AND  HON'BLE MR. JUSTICE AVNEESH JHINGAN Mr. Rajesh Katoch, Advocate for the appellant Mr. Pankaj Jain, Senior Advocate with, Mr. Divya Suri and Mr. Sachin Bhardwaj, Advocates for the respondents ORDER S.J. VAZIFDAR, CHIEF JUSTICE (Oral): This is an appeal against the order of the Income Tax Appellate Tribunal setting aside the order of the CIT (Appeals) which uph....

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....ent. He considered the amount of Rs.6 crores towards newspapers and periodicals to be excessive specially in view of the fact that the same were purchased from asister concern. 4. We find that neither the Assessing Officer nor the CIT nor the Tribunal have considered any relevant facts. Prima facie, the amount does seem excessive. A certain amount of excess has been accepted by the authorities ....